1949 Terry Hill Road, Fairlee, VT, 05045 | $469,000

Brand New Construction! A Rare find, Fairlee, VT Energy Efficient Vermod* home and oversized 2 car garage on 1. 80 +/- acres! This contemporary ranch styled 2 bedroom, 2 bath home is loaded with features: electrical HVAC systems that incorporate efficient heat pump technology, is solar panel-ready, heated garage with high ceilings & additional power for heavy tool usage, energy star appliances & lighting, wood plank floors, a large living room & kitchen open concept floor plan, and is situated on a nice fairly-level lot. When/if solar panels are installed, Vermod Energy efficient homes could produce as much energy as they use. (Energy usage will vary per occupant. ) The walls, floors and ceilings are very well insulated, and cracks are tightly sealed allowing the home to be airtight keeping seasonal outdoor temperatures at bay. Vermod homes are built using quality construction practices, highly rated materials, and are known for their durability. This home features premium windows and doors, sheet rocked interiors, wood cabinets, and has a modern, clean look & feel. With a fresh air ventilation system to enhance your family's well-being, along with all this home has to offer, it will continue to provide lasting value. Conveniently located minutes from I91 and a short commute to Lake Morey & LM Golf Course, DHMC, APD, VA hospitals, Dartmouth College, and all that the Upper Valley has to offer. Don't miss out on this one! *Vermod offers 1 year transferrable warranty

Features

  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Contemporary,Ranch
  • Year Built: 2024
  • Garage: 3-car Garage
  • Heating: Electric,Energy Star System,Forced Air,Geothermal,Heat Pump,Hot Air,In Ceiling,Mini Split
  • Cooling: Central AC,Other,Mini Split
  • Basement: Concrete,Concrete Floor,Daylight,Full,Insulated,Stairs - Interior,Storage Space,Unfinished,Walkout
  • Approx Sq. Feet: 1,080
  • Acreage: 1.8
  • Lot Desc: Corner,Country Setting
  • Elem. School: Samuel Morey Elementary
  • Middle School: Rivendell Academy
  • High School: Rivendell Academy
  • School District: Rivendell
  • MLS#: 4994110
  • Website: https://www.raveis.com
    /prop/4994110/1949terryhillroad_fairlee_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/11/2024

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Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@Raveis.com

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Our Insurance Division:

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1949 Terry Hill Road, Fairlee, VT, 05045

$469,000

Pam Roland - Jackie Davis & Team

Sales Associate

William Raveis Real Estate

Phone: 203.258.3788

Pam.Roland@raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $375,200 $375,200 $375,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.171% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,528 $2,494 $3,217
Total Monthly Payment $2,603 $2,569 $3,292

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.